All Primark articles – Page 12
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NewsPrimark warns second lockdown will cost £375m in lost sales
Primark has said England’s looming second lockdown, alongside closures across other parts of its global estate, means over half of its selling space will be shuttered as of this week.
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AnalysisDigital Fashion 40: The retailers fashioning an online future
The Digital Fashion 40, a new benchmark produced by Retail Week and data analytics specialist The Smart Cube, analysed every aspect of UK fashion retailers’ online performance, including their digital capabilities, website traffic, customer experience and brand sentiment.
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AnalysisSix ways Amazon, Levi’s and more are transforming their businesses
With retailers forced to rethink their operations to meet new customer demand, cut costs and ultimately survive, RWRC’s latest report reveals where retailers should be placing their time, money and energy in the year ahead.
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Opinion‘As shoppers flock online, investors are following’
The Issa brothers’ £6.8bn swoop on Asda may be an exception that proves the rule. While the forecourt convenience retail entrepreneurs have put their money into a primarily bricks-and-mortar business, other people’s cash is increasingly going elsewhere.
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AnalysisCan fashion retailers get shoppers out of their jogging bottoms?
The fashion industry has been one of the hardest-hit sectors amid the coronavirus pandemic as demand waned over a wedding- and holiday-free summer. Can fashion retailers convince shoppers to ditch their loungewear in favour of party dresses?
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NewsPrimark boss: Practical approach to Covid constraints has spurred stores’ success
Primark’s strong shopkeeping skills helped draw customers to its stores despite the tough conditions afflicting many retail locations following the coronavirus outbreak.
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NewsPrimark profits to hit top end of range after strong trading resumes
Primark owner Associated British Foods (ABF) said the retailer’s profits are expected to be at the top of its revised range after a strong resumption of trading following lockdown.
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NewsPrimark, Tesco and other retailers partner with government on new supply chain fund
Some of the UK’s largest retailers have partnered with the government to help launch a fund designed to protect supply chains and support international workers.
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NewsPrimark commits to payment for outstanding orders
Primark has announced that it will pay its suppliers in full for any outstanding finished garments and fabric costs incurred since its stores closed in March.
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NewsPrimark launches clothing recycling programme
Primark has established an in-store recycling scheme to help curb the impact of textile waste on the environment.
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AnalysisAnalysis: Forget fast fashion, is slow fashion the future?
As modern slavery allegations blight the world of fast fashion and the world pauses to think about the impact of consumerism in lockdown, is this the turning point to change the fashion industry for the better?
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AnalysisAnalysis: Retailers face dilemma over post-furlough job retention scheme
As Primark reveals that it won’t be taking government money to bring back furloughed staff and John Lewis hints at the same, other retailers face a potentially tough choice.
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NewsPrimark boss on reopening success: ‘Online can’t compete with our low prices’
Primark’s performance since reopening shows the continued relevance of its low-price, bricks-and-mortar business model that trumps online rivals, bosses believe.
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NewsPrimark ‘encouraged’ by trade since reopening but profits to plunge
Value fashion giant Primark’s profits will be down by about two thirds this year, but trading in reopened stores has been encouraging.
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GalleryIn pictures: The retailers opening new stores in lockdown
While many retailers have tightened their belts to counter the impact of the coronavirus pandemic, some have used the time to launch new concept stores to expand their reach.
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OpinionOpinion: Why have retailers become entrepreneurs all of a sudden?
Almost every day there’s another story on Retail Week about a retailer doing things in an entrepreneurial way. But where were all these entrepreneurs before the start of this pandemic?
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NewsRetail landlords collect less than 15% of rent owed on quarter day
Retail landlords received a fraction of due rent on quarterly rent day earlier this week, with Boots among the big name retailers that withheld some payments.
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AnalysisDeep dive: Store closures, DTC and the death of the suit – what next for fashion retail?
No retail category has been hit worse by the coronavirus outbreak than fashion. The pandemic has not only upended supply chains – it has obliterated consumer demand. Retail Week looks at the future for this embattled retail sector.
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NewsRetailers warn VAT cut could heighten coronavirus risks
Senior retailers have raised concerns that any temporary cut to VAT could result in extra cash-handling and increase the risk of spreading the virus.
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NewsIn pictures: Primark and Sports Direct drive footfall as non-essential retail reopens
Retail destinations across England saw footfall numbers soar on the day that non-essential retailers were allowed to reopen stores, with queues forming for the likes of Primark, H&M and Zara.